Specialty paper products company IG Design Group Americas, Inc. is locating distribution operations in Marshall County. IG Design Group and an affiliate of Panattoni Development Company together are investing a total of $49 million in the project, which will create 35 jobs.
“The state of Mississippi is proud to welcome IG Design Group as our newest business partner and the newest member of Marshall County’s business community,” Gov. Tate Reeves said. “Mississippi’s workforce is second to none, and I am confident that the 35 skilled Mississippians joining IG Design Group will work hard to ensure the company’s success in Marshall County for many years to come.”
IG Design Group specializes in premier paper products, including stationery, gift wrapping and gift bags, and serves retailers worldwide, from design to distribution. The company will lease an 892,620-square-foot facility currently being constructed by Panattoni Development in the Chickasaw Trail Industrial Park. The facility will house the production, warehousing and distribution of IG Design Group’s gift-wrapping products.
“We are very pleased to expand our footprint into Mississippi and into such a well-conceived development, said Gideon Schlessinger, CEO of IG Design Group. “We know that the new facility will provide the long-term access we need to a variety of resources – a strong workforce, a business-friendly environment and superb distribution and logistics.”
The Mississippi Development Authority is providing assistance to upgrade a natural gas line. IG Design Group also qualifies for the Advantage Jobs Rebate Program, which provides a rebate to eligible businesses that create new jobs that exceed the average annual wage of the state or county in which the company locates or expands. Marshall County also is assisting with the project.
“When public-private partnerships work to bring new companies such as IG Design Group to our state, the results are new investments and more jobs for Mississippians – both of which are vital to building stronger economies and communities throughout Mississippi,” said MDA Interim Director John Rounsaville. “MDA’s economic development partners at the Marshall County Industrial Development Authority and the Marshall County Board of Supervisors worked hard to bring IG Design Group to Mississippi, and we appreciate their dedication to creating new opportunities for the citizens of Marshall County.”
“Marshall County is excited about the opportunities IG is bringing to our community and the state of Mississippi,” said Keith Taylor, president of the Marshall County Board of Supervisors. “We look forward to partnering with IG and seeing their business grow in Mississippi.”
“Panattoni is excited to welcome IG Design, a global leader in its industry, as the most recent tenant in our Gateway Global park in Marshall County, occupying 100 percent of the latest speculative building, which is being expanded from 554,040 square feet to 892,620 square feet to accommodate the tenant’s requirement,” said Whitfield Hamilton, partner of Panattoni Development Company. “IG represents the 10th Marshall County building in our park, totaling over 7.4 million square feet in the last six years, all 100 percent leased to world-class companies such as IG. We have now started the next speculative building site across the street, Spec 11, which will also be 554,040 square feet, expandable to over 1.1 million square feet. We are proud to welcome IG to their new home in Marshall County and appreciate the support of the Marshall County Board of Supervisors, MCIDA and MDA.”
IG Design Group plans to begin operations in Marshall County this month.